Do providers that are high-street bad credit mortgages?

Do providers that are high-street bad credit mortgages?

Not at all times, and those which do might provide you with rates that are unfavourable.

The tables below will provide you with a basic concept of how most most likely you may be to have a loan on the basis of the types of credit problems you have got and exactly how very very long you have to hold back before pressing ahead.

online installment loans ar

0-12 months years which can be 1-2 years 3-4 years 4+ years
later re payments Yes (a variety) Yes (a variety) Yes (a variety) Yes (a range) Yes (Any number)
Mortgage Arrears Yes (frequently maximum 3 belated) Yes (a variety) Yes (a range) Yes (a variety) Yes (a range)
CCJs Yes (if good LTV) possibly (If good LTV) Yes (Any value) Yes (Any value) Yes (Any value)
Defaults Yes (if good LTV) possibly (If good LTV) perhaps (If good LTV) Yes (Any value) Yes (Any value)
Debt MGBT Unlikely Yes (If credit history is unaffected) Yes (If credit history is unaffected) Yes (If credit history is unaffected) Yes (If credit history is unaffected)
IVA Unlikely feasible with a 25% deposit potential with a 20% deposit potential with a 20% deposit viable with a 10% deposit
Bankruptcy Unlikely available with 25per cent deposit feasible with 15per cent deposit viable with 5% deposit potential with 5% deposit
Repossessions Unlikely Yes (with 25% deposit) Yes (with 25% deposit) Yes Yes

Continue reading “Do providers that are high-street bad credit mortgages?”